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AHB Sukuk Company Ltd. -- Moody's affirms ratings of Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank

Rating actions follow announcement that ADCB and UNB have entered into merger agreement, and that the merged entity has entered into an agreement to acquire AHB. NOTE: On January 31, 2019, the press release was corrected as follows: For Abu Dhabi Commercial Bank, the purple color coding was removed for the Adjusted Baseline Credit Assessment of baa3, Baseline Credit Assessment of baa3, Long-term Counterparty Risk Assessment of Aa3(cr) and Short-term Counterparty Risk Assessment of P-1(cr) from the second sentence of the first paragraph, the first sentence in the ninth paragraph and the debt list under Affirmations.